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Bullboard - Stock Discussion Forum Viacom Inc. VIAB

Viacom is a global media company with several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Viacom has also built several online properties on the strength of these brands. Viacom's Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Godfather and Transformers series. Viacom was spun... see more

NDAQ:VIAB - Post Discussion

Viacom Inc. > Taking profits.....
View:
Post by flayer on Jun 13, 2005 4:50pm

Taking profits.....

with Hemlo as the analog one has to keep an open mind (Hemlo was 25+ million oz's?). I also sold some stock on Friday, 15% of my holdings, but that was in account that I actively trade. I have a core position in a seperate account that is simply not for sale - waiting for the inevitable buyout. For those thinking they can successfully swing-trade this animal.....possible, but difficult imho. AZM appears to be a well placed satellite. Bought some at the open today, for trading purposes only.
Comment by shear on Jun 13, 2005 5:56pm
I agree with taking profits, VIA will almost certainly go below 6.50 before going to 7.50. I sold some off this morning at the open for 6.57. However Flaver I dont think AZM is the best positioned. This is a strange deposit, stratiform and the strata it lies in does not continue very far north of the Roberto zone. There is a high metamorphic gradient and north of the opinaca river (which is ...more  
Comment by flayer on Jun 13, 2005 6:19pm
sounds like you know your rocks. AZM is a small tradeable spec for me.....something to keep me amused. To their credit, they do have JV's with several notable companies that must lend some geological merit to their claims. I like their tiny market cap particularly.
Comment by shear on Jun 13, 2005 9:21pm
Yep I know the area very well. AZM is well managed, the president Jean-Marc Lulin is a very good negociator, the agreements he has reached this past year are proof of that. IMHO he's even better than André Gaumont although monsieur46 will jump out of his chair when he reads this. If only AZM had SOI's properties. However mother nature is unpredictable and gold may yet be found on ...more  
Comment by monsieur46 on Jun 13, 2005 10:13pm
No Shear I did not jump out on my chair..... I simply don't know AZM president but If you are right he is sure a shrewd businessman ... BTW I bought SOI shares last January because a shrewd geologist recommanded it and said SOI claims were very well located .... I met seven or eight years ago Dominique Doucet & Harold Desbiens who are President and Chief Geologist while being a shareholder ...more  
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